FOUNDATION FOR ISLAMIC SCHOLARSHIP AND TEACHING (EIN 814621462) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

PERVEZ AKHTAR QURESHI

Phone

9259802903

Tax Period

2019-12-01 to 2020-11-30

FOUNDATION FOR ISLAMIC SCHOLARSHIP AND TEACHING, founded in 2016, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2019. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $126K, a strong 61% operating margin.

Mission

TRADITIONALLY, THE INHERITORS OF THE TRADITION OF ISLAM THE SCHOLARS AND THE SEEKERS OF KNOWLEDGE WERE SUPPORTED BY THEIR COMMUNITY SO THAT THEY COULD BETTER SERVE THEIR OWN COMMUNITIES. TODAY, HOWEVER, SUCH INSTITUTIONAL SUPPORT HAS VANISHED, LEAVING STUDENTS UNWILLING TO PURSUE KNOWLEDGE AND SCHOLARS HANDICAPPED IN THEIR ATTEMPTS TO BOTH TEACH STUDENTS AND MAKE ENDS MEET FOR THEIR OWN FAMILIES. OUR MISSION IS TO FREE SCHOLARS FROM THESE FINANCIAL SHACKLES, ALLOWING THEM TO BE PILLARS OF SUPPORT FOR THEIR COMMUNITIES AND LAMPS OF GUIDANCE FOR THOSE SEEKING KNOWLEDGE. IN THE FACE OF GREATER CHALLENGES FROM CONTEMPORARY DISCOURSE AND IDEOLOGIES, THESE SCHOLARS AND THEIR STUDENTS CAN SERVE AS A BARRIER, PROTECTING MUSLIMS AND ADVANCING THEIR INTERESTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $206,976

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,976

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,970

Other Expenses $55,970

TOTAL EXPENSES $80,970

Year-over-Year Comparison

	2019	2018	Change
Revenue	$206,976	$142,954	+0.4%
Expenses	$80,970	$58,361	+0.4%
Net Income	$126,006	$84,593	+0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAHIR ANWAR	BOARD MEMBER	1.00	Director	$0	$0	$0
SYED MUBEEN SAIFULLAH	BOARD MEMBER	1.00	Director	$0	$0	$0
ABDULLAH RIDWAN QURESHI	SECRETARY	3.00	Officer	$0	$0	$0
IBRAHIM HUSAIN QURESHI	TREASURER	3.00	Officer	$0	$0	$0
PERVEZ AKHTAR QURESHI	PRESIDENT	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$206,976	$80,970	$1,274,167	$126,006
2019	$142,954	$58,361	$1,148,161	$84,593
2018	$116,000	$52,974	$1,068,312	$63,026

FOUNDATION FOR ISLAMIC SCHOLARSHIP AND TEACHING